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Cramer: Here's what Whole Foods still doesn't get about its turnaround

For years, Jim Cramer tried not to get tied down by one statistic that, for many, determines the value of a retailer's stock: same-store sales growth.

"Periodically I'll say, you know what, that outfit's so good, I'll simply overlook that their same-store sales are faltering. In fact, that chain is so well-run, I'll waive my rules and focus on other metrics, ones that are more touchy-feely — a real good shopping experience — or about items on the come, like affinity programs or new ways to order online," the "Mad Money" host said.

But every time Cramer ignored his discipline and focused on other factors, he was wrong.

In reality, same-store sales growth is the best signal of a retailer's health, which is why Cramer was not sold on Whole Foods' Wednesday night earnings conference call.

Watch the full segment here:

Along with naming five new board members including Cramer-faves like former Foot Locker chief Ken Hicks and Panera Bread founder Ron Shaich, the company touted its big affinity program, and announced cost cuts and a boost in its dividend.

"But how were the Whole Foods comp-stores? Minus 2.8 [percent]. Ouch. Then never mind," Cramer said. "Forget...